. >>> with me is wall street journal senior economics writer receive moore. has the president changed his mind? >> i love that quote that you have shown. i think it was almost exactly two years ago when the president said that. he said the economy was too fragile for a tax increase. the economy is more fragile now than it was two years ago. if the president were to make an announcement tonight and be a real statesman we are at a deadlock here, we can't reach an agreement, i am going to agree for the good of the country and good of the economy to extend the tax cuts for everybody for 6 months until we get this resolved we wouldn't be talking the fiscal cliff that would take statesmanship from the president and it would do the economy a world of good and i wish that would happen. think about this, this is a major situation. we are almost 24-hours away from the new year. no business, no investor, no worker knows what the capital gains tax will be the personal tax is going to be the social security tax will be alternative minimum tax will be. it is like a third w